Search found 6 matches
- Mon May 23, 2011 10:53 pm
- Forum: Data Manipulation
- Topic: Cumulative Density Function - Probabilities with Probit
- Replies: 4
- Views: 8158
Re: Cumulative Density Function - Probabilities with Probit
Cheers Glenn! You're a lifesaver
- Mon May 23, 2011 11:44 am
- Forum: Data Manipulation
- Topic: Cumulative Density Function - Probabilities with Probit
- Replies: 4
- Views: 8158
Re: Cumulative Density Function - Probabilities with Probit
Thanks for the help Glenn! Also I was using the NORMDIST command in excel to get my result. Do you compute the @dnorm(-xxxx) in eviews? I am not really an advanced user so just wondering where I should type the command? Is there a similar command in excel? What I have done, as explained above, was t...
- Sat May 21, 2011 12:13 am
- Forum: Data Manipulation
- Topic: Cumulative Density Function - Probabilities with Probit
- Replies: 4
- Views: 8158
Cumulative Density Function - Probabilities with Probit
Hello, I am using a probit model to assess the predictive power on bond term-spreads in relation to real economic activity. I have estimated all the variables etc, and now I wish to construct a probability table which is intended to showcase the probability of a recession given a certain level of th...
- Fri May 20, 2011 12:26 pm
- Forum: Estimation
- Topic: Lagging Independent Variables in Probit.
- Replies: 5
- Views: 5038
Re: Lagging Independent Variables in Probit.
Thanks again for your reply Gareth. Yes, I want a static view of the term-spread (for example 4 quarters ago) and compare it to the current state of the real-economic activity. I just read in my econometrics book (Gujarati & Porter) that if I wanted to lag variables I was supposed to do the (-1)...
- Fri May 20, 2011 10:09 am
- Forum: Estimation
- Topic: Lagging Independent Variables in Probit.
- Replies: 5
- Views: 5038
Re: Lagging Independent Variables in Probit.
Thanks for the quick reply Gareth.1)
Do you have an intuitive explanation as to why 1) is to be chosen in favor 2)? I have tried searching the net, in addition to looking through relevant econometric litterature without any luck.
-Thanks again
- Fri May 20, 2011 9:49 am
- Forum: Estimation
- Topic: Lagging Independent Variables in Probit.
- Replies: 5
- Views: 5038
Lagging Independent Variables in Probit.
Hello, I am doing a paper on term-spreads (difference in yields of 10 year and 3 month bonds) predictive power on the real-economic activity. I am using a Probit model to assess the probability of a recession. What I want to check is to see the lagged term-spreads predictive power using various lags...
